IBM federal contracts ban lifted
IBM and the U.S. government are back in business.
The company announced Friday that a temporary suspension order, which had banned IBM from participating in new federal government contracts, has been lifted.
But while the ban, which lasted nine days, has been removed, Big Blue is still busy cooperating with the Environmental Protection Agency with the investigation that had triggered the broad suspension. The environmental agency is examining possible violations of its procurement process over IBM's bid for EPA business.
The U.S. Attorney's Office for the Eastern District of Virginia is also investigating the issue.
For Big Blue, removing the ban will bring a few more bucks its way. Last year, IBM generated nearly $1.43 billion from federal government contracts. That represented a 1.4 percent slice of its overall revenues of $98.8 billion last year.
Shares of IBM were down a hair in early morning trading to $115.80, down 19 cents.
Dawn Kawamoto covers enterprise security and financial news relating to technology for CNET News. E-mail Dawn. 
http://rexxos.netlabs.org/en/site/index.xml
Go Big Blue. ;-) M :-$ M :-$ M :-)
Live Long And Prosper.
Commander_Spock and (the busy netlabs.org develpers ) Crew You Say. ;-)
http://rexxos.netlabs.org/en/site/index.xml
Go Big Blue. ;-) M :-$ M :-$ M :-)
Live Long And Prosper.
Commander_Spock and (the busy netlabs.org develpers ) Crew You Say. ;-)